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Photo: International Chamber of Commerce Bangladesh (ICCB)

2014-10-14 00:00:00

Photo: Traders in the city\\\'s Karwan Bazar Kitchen Market

2014-10-14 00:00:00

Rly track project set to be revised with 30pc cost hike

FHM Humayan Kabir | 2014-10-14 00:00:00

The government is set to revise a project for setting up a railway track under the Indian line of credit (LoC) with 30 per cent cost hike before starting its implementation in last two years from its stipulated schedule, officials...

Harnessing Asia\\\'s potential for global growth in focus

FE Report | 2014-10-14 00:00:00

Business leaders, policymakers and experts from across the world are going to gather in Dhaka on October 25-26 to work out strategies for spurring the global economy through harnessing Asia's untapped potential.       The National Committee of the International Chamber of...

Is global economic recovery losing steam?

Zaidi Sattar | 2014-10-14 00:00:00

The elites of the financial world gathered in Washington last week for the annual meetings of International Monetary Fund (IMF) and World Bank. They heard some sobering news from the hosts about prospects of the world economy in the short-...

Govt set to extend takeoff time for tax holiday in power sector

Doulot Akter Mala | 2014-10-14 00:00:00

The government is set to extend the takeoff time for availing the existing tax-exemption facility for power-sector investors until 2018 to lure huge investment needed to achieve ambitious targets. Under the existing income-tax rules, private investors in the sector can...

Korean co gets Padma Bridge supervision work

FE Report | 2014-10-14 00:00:00

The cabinet committee on government purchase approved on Monday a proposal for awarding construction supervision work of the Padma Bridge Project to a South Korean joint venture company. The Bangladesh Bridge Authority (BBA) earlier sent the proposal to the cabinet...

French economist wins Nobel prize

2014-10-14 00:00:00

STOCKHOLM, Oct 13 (AFP): French economist Jean Tirole won the Nobel Economics Prize on Monday for groundbreaking work on the power of large companies in a range of key industries. By providing a framework for governments' handling of major enterprises,...

Invest in big projects, Muhith urges WB

Rezaul Karim | 2014-10-14 00:00:00

Washington, DC, Oct 12: Bangladesh Finance Minister AMA Muhith expressed his hope that the World Bank would invest in prospective big projects in Bangladesh, forgetting about the previous bitterness involving the Padma Multipurpose Bridge project.   "We hope that like Japan...

Photo: A worker piling up stones

2014-10-14 00:00:00

Prayer Timings

2014-10-14 00:00:00

Tk 30m stolen from Ctg G4S office

2014-10-14 00:00:00

CHITTAGONG, Oct 13 : A sum of Tk 30 million has been stolen from the office of G4S, a private security agency, in the port-city. Second officer of Khulshi Police Station Mamunur Rashid said the incident took place sometime on...

50pc rise in global rice output by ‘50 : DG IRRI

2014-10-14 00:00:00

RANGPUR, Oct 13: Director General (DG) of International Rice Research Institute (IRRI) Dr Robert S. Zeigler has said comprehensive efforts have been progressing successfully to attain 50 per cent increase in global rice production by 2050. Dr Zeigler said this...

Khaleda visits Piash Karim\\\'s residence

2014-10-14 00:00:00

BNP Chairperson Khaleda Zia has visited the house of Dr Piash Karim who died at a city hospital on Monday. Khaleda went to the deceased’s Dhanmondi residence around 10pm on Monday and stayed there for nearly half an hour. She...

College student drowns in pond

2014-10-14 00:00:00

A college student drowned in a pond in Gankol in Barolekha Upazila in Moulvibazar district on Monday afternoon. The deceased was identified as Parama Kapali, 22, daughter of Shubendra Kapali and a student of class (XI) of Sujanagar Pata College....

Bhasantek OC among 18 cops withdrawn for not nabbing killer stalker

2014-10-14 00:00:00

Eighteen cops, including Bhasantek Thana Officer-in-Charge, a Sub-Inspector and four Assistant Sub-Inspectors, have been withdrawn for trying to hide an incident of killing of a youth by a local miscreant for protesting stalking of his sister. Dhaka Metropolitan Police authorities...

Policeman among 5 held for murder

2014-10-14 00:00:00

Five people, including prime accused police constable Asaduzzaman, were arrested on Monday in Sunamganj for killing a woman. The other arrestees are Rasheda Begum, her two daughters Munna and Manna, and daughter-in-law Roksana. All of the arrestees were sent to...

Biranganas recognised as FFs

2014-10-14 00:00:00

'Biranganas', the war heroines violated by the occupation forces and their local collaborators during Bangladesh’s Liveration War in 1971, got recognition officially as freedom fighters. Under a new definition, those who were at least 15-year-old on March 26, 1971, can...

More woes for Latif

2014-10-14 00:00:00

After losing his Cabinet post, Abdul Latif Siddiqui, the Awami League MP from Tangail 4 Constituency, will be showcased by the party asking him to explain why he should not be expelled from the organisation permanently. The show-cause notice will...

More woes for Latif

2014-10-14 00:00:00

After losing his Cabinet post, Abdul Latif Siddiqui, the Awami League MP from Tangail 4 Constituency, will be showcased by the party asking him to explain why he should not be expelled from the organisation permanently. The show-cause notice will...

77,512 Yaba seized

2014-10-14 00:00:00

Border Guard Bangladesh (BGB) personnel seized 77,512 Yaba tablets in Teknaf Upazila of Cox’s Bazar district on Monday night. Being tipped off, A BGB patrol team raided a boat in Jailya Dwip in Naf River around 8:30pm, said commanding officer...

Tendulkar in town

2014-10-14 00:00:00

Legendary cricketer Sachin Tendulkar arrived at Hazrat Shahjalal (RA) International Airport in Kurmitola in Dhaka on Tuesday morning on a one-day visit to Bangladesh. The multiple world record-holding Indian cricketer has arrived on a 24-hour visit upon the invitation of...

DSE, CSE advance

FE Online Report | 2014-10-14 00:00:00

The prices of most of the shares at the country's twin-bourse – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) – witnessed positive trend in the early hours of trading on Tuesday, the third session of the...

AL show causes Latif

2014-10-14 00:00:00

The Awami League has issued a show cause notice to Abdul Latif Siddiqui asking him to explain why he should not lose his primary membership of the party. The AL's Deputy Office Secretary Mrinal Kanti Das said that Siddiqui has...

2 shot dead in Jhenidah

2014-10-14 00:00:00

Some miscreants have shot to death two men and dumped their bodies in a vegetable farm at Phulnari village under Kaliganj Upazila in Jhenidah district. The dead are Adbul Hadi, 35, and Shohag Ali, 30, both hailing from Rajapur village...

GP crosses 50m subscriber milestone

2014-10-14 00:00:00

Grameenphone Ltd becomes the first ever mobile telecommunication operator to cross 50 million subscriber milestone in Bangladesh. The announcement was made today at an event held at local city hotel in Dhaka. “Today we celebrate our customers with this milestone....

US stocks tumble again

2014-10-14 00:00:00

US stocks have finished sharply lower again as worries about global growth weighed on the market a day ahead of major company earnings releases. At the closing bell on Monday, the Dow Jones Industrial Average stood at 16.320.88, down a...

Australian shares close higher

2014-10-14 00:00:00

The Australian share market has rebounded as a surge in iron ore prices boosted the miners and bargain hunters piled into other sectors. In the resources sector, global miner BHP Billiton rose 85 cents to $33.45, Rio Tinto was up...

European shares resume sell-off

2014-10-14 00:00:00

European shares fell early on Tuesday, tracking sharp losses on Wall Street and resuming their three-week sell-off, dragged by mounting concerns over the strength of the global economy. Shares in British luxury brand Burberry featured among the top losers across...

Asian shares mixed

2014-10-14 00:00:00

Asian shares have had a mixed day following a sell-off on Wall Street as investors worry about how weak global growth will affect companies' earnings. In the US, the S&P 500 fell more than 1% on Monday, marking its worst...